Redfin’s November report shows price and sales leaps in DC

DC market lit up in November
  • Prices and sales jumped in DC by a lot in November 2015.
  • Prices in the DC metro gained very slowly, as did sales.
  • November's price gain of 15.9 percent is the best this year.

The median price of a home in DC is now above half a million dollars, according to tracking by Redfin. Even though supply remains skimpy in both DC proper and the larger metro, sales were up year-over-year; and DC saw the largest gain in that metric for all of 2015 tracked thus far.